The company incurred the following actual costs when it operated at 75% of capacity in october. direct materials (46,000 ibs. @ $6.20 per lb.) $ 285,200 direct labor (22,000 hrs. @ $10.40 per hr.) 228,800 overhead costs indirect materials $ 41,550 indirect labor 176,100 power 17,250 repairs and maintenance 34,500 depreciation—building 23,000 depreciation—machinery 94,500 taxes and insurance 16,200 supervision 281,250 684,350 total costs $ 1,198,350 rev: 03_28_2018_qc_cs-122864 required: 1& 2. prepare flexible overhead budgets for october showing the amounts of each variable and fixed cost at the 65%, 75%, and 85% capacity levels and classify all items listed in the fixed budget as variable or fixed.